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5 May 2021 | 16:36pm
StockMarketWire.com - Powered by gains in the mining sector and other areas which will benefit from a reopening of the global economy the FTSE 100 made strong progress on Wednesday, closing the day up 1.7% at 7,039.30.
By 4.30pm UK time the S&P 500 had made more modest gains of 0.3% to 4,178.31.
Television broadcaster ITV gained 2.2% to 127.1p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market.
ITV said total advertising revenue in the first half was forecast to be up around 26% year-on-year.
Online fashion retailer Boohoo shed 2% to 320.1p despite reporting a 35% rise in annual pre-tax profit, underpinned by a 41% jump in sales.
5 May 2021 | 11:50am
StockMarketWire.com - The FTSE 100 made a big recovery after yesterday s US tech inspired sell-off, surging 1.2% to just reclaim the 7,000 mark by midday.
Miners were leading the charge, with BHP, Glencore and Rio Tinto all making gains.
Television broadcaster ITV ticked up 0.4% to 124p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market.
ITV said total advertising revenue in the first half was forecast to be up around 26% year-on-year.
Online fashion retailer Boohoo shed 0.9% to 323.67p despite reporting a 35% rise in annual pre-tax profit, underpinned by a 41% jump in sales.
Boohoo forecast lower, but still respectable, revenue growth in the current year of 25%.
LONDON (dpa-AFX) - UK Commercial Property REIT Limited (UKCM.L) reported a net loss from ordinary activities before taxation of 10.28 million pounds for the year ended 31 December 2020 compared